Negativity + Stupidity= Horrible January 2008

Day
The last couple of days moves have been psychology and positive thinking of all is fairing better. This is a hoax and I'll give you a couple examples of why nothing will improve until the pain is felt by the market. Ever since last year around March credit concerns have been popping up as a major concern and after a month or so they go away and the market rallies and everybody thinks it's gone. Well what happened again in late July. Well that was the credit concerns showing up again and we sold off hard and Uncle Ben tried to help calm the markets. Then we rallied again for a while and everything was thought to be rosy. Well Mr. Day tell me what happened again in December :) The credit concerns showed up again but now the bond insurers who insure all the risk are showing that they may not be able to cover there risks in the future.
This is just a reoccurring theme that keeps popping up until it's fixed. One is lower rates but that does nothing since the lending standards have gotten stricter and people's homes are worth less. The next thing is to take it like a man and let the market stabilize itself and write down these loans so we can start rebuilding our economy again which will be stronger because of this. But you still must face the facts that everything is not peachy because this theme keeps showing it self and will continue to do so until it is solved and sticking our heads in the sand is not going to solve it.
 
Quote from day7793:

In case you don't know this 401ks, pension funds, retirement funds all of them invest heavily into equities markets.. Do you not know this or are you as stupid, as I think you are?
Moronic reasoning.. the market is full of companies that make weapons of war, tobbacco, harmful chemicals, pollutants.. if you actually did give a rats arse about the planet and it's inhabitants then you would not be a trader at all.. so save the sermons for Sunday precious
 
Quote from day7793:

You know who got us into this housing recession? The usual scared, negative and stupid consumer which is nobody, but you!

The same person who is posting here on this forum also is about to bring the whole economy into a tail spin by being psychologically so negative about the future.


The reason shorts and handful of institutional traders succeeded in pummeling this 2000 point fist ball into your brains, because you gave in. You are not strong enough to look at your circumstances and courageously disregard lots of lies, bullshit and fear thrown at you. Just like you did bring in the housing recession , you will also bring in a national recession with your doom and gloom and despair and sheer stupidity.

Are we connecting Mr. Kerzy?

( from Charles Bronson's movie- Death Wish)

What message boards were these "persons" posting on in 1929? Maybe it was tin cans and string back then?

Day, you have managed to make everyone on this board think you're a idiot, congrats!! You don't like capitalism? then move to a communist country.

I have given this elementary picture for you to look at many times, but here it is again....

economic_cycle.png
 
Quote from day7793:

In case you don't know this 401ks, pension funds, retirement funds all of them invest heavily into equities markets.. Do you not know this or are you as stupid, as I think you are?

u am dummer thainn a brik
 
Quote from day7793:

...I am so grateful to people in our Government that they came to your emotional rescue, like a knight in shining armor. They delivered things on a silver platter and with a silver spoon in your mouths. Two hefty rate cuts+ a 161 Billion dollars economic stimulus package in under 2 weeks! I dont know if you even feel grateful to them for what they did to keep you out of your hallucinations.

Its time to get up like a man and face the world. Stop those what iffing doomsday scenarios since that's the land of confusion and insanity. Stop fortune telling about future since you are no expert and nobody else is either. Stop this negativity and national pastime of pessimism. Without which the day will come when you will be grazing with the bullocks and eating pale yellow grass by a muddy ditch.
Why waste your effort here? Wouldn't your time be better spent waving a flag?
 
DAY

This is America, Darwinism and Capitialism at its best, its Called SURVIVAL OF THE FITTEST. If you think for one second the 401 k plans and pension plans give s shit about you when they are trading, your an idiot! So we dont give a shit about them. We are traders, we are here for one reason - to make money. ANY WAY WE CAN. Jan 2008 is a traders dream. I am not a pension plan, I dont invest, I trade for living. So any money any way is fair game!
 
Quote from day7793:

There is a psychological side of human nature.

Things were not so bad either, but the sentiment was very very negative as you can read on this forum. I have yet to see a single positive post here in the month of January.

Fed knew if something is not done to it , it would create a massive financial disaster and " mass asset panic " . With the easing of rates they also crated a psychological pathway.

Just like in real estate its a psychological recession. People like you think it's not worth buying a home now ,and they can stop buying it for few years, and that creates a negative cycle of recession in real estate, and things tumble downhill.

You don't seem to understand what a real recession is. When we are in a recession it is not because we think we're in one, rather we think we're in one because we've lost our job and our home, and we've been on unemployment for 6 months. Good try though.:D
 
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